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Poster: Mandojammer Date: Mar 5, 2009 9:07am
Forum: GratefulDead Subject: Re: PUNCH YOU IN THE EYE -- RE: the Phish Thread

BD -

You have to accept CNBC for what they are - morning entertainment with a stock market theme. 99% of their spew is noise. On rare occasion a nugget of worthwhile information quietly falls out of Joe Kernan's pie hole. When they are all hollering and carrying on, that's when they are to be ignored. But you better listen up when things get quiet - going into commercial is when Kernan is at his best.

Okay, so Becky Quick is kinda hot too......

The folks that lost money following the advice of CNBC "analysts" were looking to get rich quick and didn't want to put any effort into learning - like the majority of our unjustifiably self-entitled society. They would have lost the money anyway because they were lazy and ignorant (IMO of course)

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Poster: bluedevil Date: Mar 5, 2009 9:16am
Forum: GratefulDead Subject: Re: PUNCH YOU IN THE EYE -- RE: the Phish Thread

I know; I just love Stewart's shots. The problem is that a lot of people, not savvy investors, but folks looking to make a buck will listen to someone like Jim Cramer pontificate in response to a phone call and take his "advice", which is generally an off-the-cuff reply to a phone call. WHile his knowledge of companies, market segments, trends, etc. is impressive, his answers in the lightning round have caused real people (as opposed to those fake ones) to lose real money. I tend to think shows like are one of the problems contributing to the current mess, but then again, I get my news from the Daily Show and not Sean Hannity or Kudrow.

FYI, my folks live in Emerald Isle, NC and we all hail from the Piedmont. I know southern NC very well. Some very nice, liveable communities...